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Tingo Group, Inc. (MICT)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  146.055.71.20.514.218.413.323.6
            Revenue growth  162.3%4646.5%145.9%-96.6%-22.9%38.3%-43.7% 
Cost of goods sold  81.246.51.20.810.714.110.716.3
Gross profit  64.89.2-0.1-0.43.54.32.67.3
            Gross margin  44.4%16.6%-4.9%-77.4%24.8%23.3%19.8%31.0%
Selling, general and administrative   [+]69.336.514.23.07.96.05.96.3
Research and development  1.70.90.50.31.92.01.82.5
Equity in earnings          
Other operating expenses   7.90.00.2 1.00.91.1
EBITDA   [+]-6.2-35.9-14.8-3.8-6.2-3.3-4.7-0.9
            EBITDA margin  -4.2%-64.5%-1261.6%-792.7%-43.8%-18.2%-35.5%-3.9%
Depreciation   0.2-0.10.10.10.30.30.5
EBITA  -6.2-36.1-14.7-3.8-6.3-3.7-5.1-1.4
            EBITA margin  -4.2%-64.8%-1255.9%-806.9%-44.6%-20.1%-38.1%-5.9%
Amortization of intangibles  5.62.91.80.01.31.00.91.1
EBIT   [+]-11.8-39.0-16.6-3.9-7.6-4.7-6.0-2.5
            EBIT margin  -8.1%-70.1%-1413.4%-811.1%-53.8%-25.4%-45.1%-10.7%
Non-recurring items   [+] -1.1  1.5   
Other income (expense), net   [+]1.4-1.1-7.4-0.9-1.3-0.4-0.3-0.6
Pre-tax income  -10.4-38.9-24.0-4.8-10.4-5.1-6.3-3.1
Income taxes  37.5-1.8-0.30.00.60.00.0-0.1
            Tax rate   4.6%1.4%  0.2%0.7%2.6%
Minority interest     -0.6-3.5-1.8-1.7-0.6
Earnings from continuing ops  -48.6-37.2-23.6-4.2-13.6-3.3-4.6-2.5
Earnings from discontinued ops       -4.9-1.3 
Net income  -48.6-37.2-23.6-4.2-13.6-8.2-5.8-2.5
            Net margin  -33.3%-66.7%-2015.0%-884.1%-95.8%-44.4%-43.7%-10.5%
   
Basic EPS   [+]($0.38)($0.33)($0.86)($0.39)($1.48)($0.46)($0.76)($0.42)
Diluted EPS   [+]($0.38)($0.33)($0.86)($0.39)($1.48)($0.46)($0.76)($0.42)
   
Shares outstanding (basic)   [+]129.3112.627.610.79.27.16.05.9
Shares outstanding (diluted)   [+]129.3112.627.610.79.27.16.05.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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